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Quit trading and joined a monastery. Too many ex-traders there, so I left.

All major indicies are in an arc now heading down after the launch shot on friday. The Naz is in the lead. Thursday of option expiration week is usually volatile, so tomorrow may be a rocky day. I have an order to cover my SMH short at 31.60, and will be out of the office all morning...

Never got that scan done, but OMC, EXPE seem candidates. Watching BBH for resumption of long term downtrend. 1 entry today: Short SMH @33.34

How do you get that kind of % Lundy trading the futs? How leveraged are your trades? If the NQ is trading at 1150, for example, how much does one contract cost?

You got a guy who sold through Island. Probably did not have access to INCA. After markets still present good arb opportunities cuz some brokers are exclusive to one ECN after hours, and ISLD (I think) and INCA only match internally and don't hunt the other ECNs for best fills like REDI and...

Pre CC spin. ORCL is now down 9% from its AH highs and the QQQs are off .80 from their AH highs. ORCL guides down for next quarter after Larry says they are in a better position in the database market than ever before. It is left to the viewer/reader to extrapolate that since the database...

Sold 3K QQQs 28.64 +1.10. Have appts. this pm, can't watch the market. If it closes well, i'll re-enter.

I don't believe this person has made an astounding claim as has Waxie, the former homeless gent from Kent. GWB need not back up anything, except the demand that the person you are stumping for present legimate verifiable data on his claims. These are claims his Waxness employs in the sales of...

Still holding 3K QQQs long. Today peaked at the highs since June 7th, a move over that and there are a couple of important retracement levels 29 - 29.75. It went out strong today and I feel the bias remains up. If tomorrow this level cannot be breached and maintained (28.75), I will consider...

how do you smash your virtual keyboard?

VIX can shift ranges and certainly downshifted in the spring. In fact, the VIX was dropping for a while as the market dropped also, rather serenely, if painfully for some. On the VIX, relative extremes, spikes and reversals are good short-term indicators, but absolute numbers are not so useful.

They'll get it now. But thier new religion will be founded on new forms of cheating and lying. So we can look forward to a new set of scandals 20 years from now.

Come back Shane, I mean Faster, come back!

Friday had was quite a reversal fueled largely by a dream short covering opportunity, a gap down support breaching selloff with a fear level VIX spike. There is no indication technically or fundamentally that the market is in anything more than a bounce. In any relatively extreme situation...

Yep 6-11" 270, nickname Chocolate Thunder, played for the Sixers and slamdunked so hard he shattered backboards. He forced NBA to change the rules on dunking. He had two brothers almost as big as he was (who did not play)and who would come down out of the stands onto the court if Dawkins got...

"Grass grows, birds fly, and waves pound the sand. I just beat people up." -Muhammad Ali "I like fast cars and cool summer breezes, don't nobody mess with me I do what I pleases." -Darrell Dawkins

long 3K QQQ @ 27.54

Glad to see some other swing traders. ACRT opened thursdayat its lowest point since 1998 and sprung upward. It also topped Thursday the near its lows of February @ 11. The sector is in a downtrend and near support but subsector - credit services - is in a nosedive.

Hi Matt, Welcome. I trade as little as possible, 2-3 swing or longer entries a week with 1-3 scalps a week. Daytrading is stressful, it requires tremendous concentration and skills only experience can give you. My office was not outfitted well for daytrading either: my furniture...

Sorry to see you go Lundy. I enjoyed your thread.